Senate Approves Foreign Investment Control Law

• The Swiss Senate approved the government bill to screen foreign state investments by a vote of 27 to 11.
• The legislation targets foreign state investors purchasing Swiss companies in critical sectors.
• Critical sectors defined in the bill include military equipment, electricity production, and hospitals.
• The Federal Council drafted the bill reluctantly, only doing so at the request of Parliament.
• The Senate rejected the House of Representatives' proposal to extend controls to private foreign companies.

By The Numbers

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